Alpine Texworld Ltd is a vertically integrated textile manufacturer engaged in the production of cotton yarn and grey fabric for the textile and apparel industry.
The company operates integrated manufacturing facilities in Ahmedabad, Gujarat. Its weaving operations are supported by 112 Toyota shuttleless air-jet looms and an integrated sizing plant, while its spinning division is equipped with four open-end rotor spinning machines with an annual installed capacity of approximately 6,000 MT of cotton and blended yarn.
Through its subsidiary, Alpine Cottweave LLP, the company has further expanded its manufacturing footprint with an additional weaving facility comprising 72 Picanol air-jet looms, strengthening its production capabilities and market presence.
Business Segments:
- Spinning: Manufacturing cotton yarn using open-end rotor spinning technology.
- Weaving: Production of grey fabric using high-speed air-jet looms.
- Job Work Services: Providing yarn sizing services to third-party customers.
- Trading: Trading of yarn and grey fabric to cater to customer requirements and improve product availability.
The company manufactures a diversified range of grey fabrics used in denim, suiting, shirting, and other apparel applications, catering primarily to textile manufacturers and traders in Gujarat and other domestic markets.
In addition to textiles, Alpine Texworld has made significant investments in renewable energy to reduce power costs and improve sustainability. The company commissioned an 820 kW rooftop solar plant in 2023, followed by a 5.4 MW ground-mounted solar project in 2025, and subsequently expanded its solar portfolio with additional rooftop and ground-mounted capacities, taking its total operational solar capacity to approximately 10.30 MW.
As of FY26, grey fabric contributed 96.7% of revenue, while other products, including yarn, trading, and scrap, contributed 2.0%, and job work services contributed 0.1% of total revenue.
Alpine Texworld IPO – Details
| IPO Opening Date | 14 July 2026 |
| IPO Closing Date | 16 July 2026 |
| Issue Type | Book Built Issue IPO |
| Issue Size | Total Issue Size: 1,20,24,000 Shares Worth ₹126.25 Crore Fresh Issue: 1,20,24,000 Shares Worth ₹126.25 Crore |
| Face Value | ₹10 per equity share |
| IPO Price | ₹100 – ₹105 per share |
| Market Lot | 142 Shares |
| Min Order | 142 Shares [1 Lot] |
| Listing At | BSE, NSE |
| Register | Kfin Technologies Ltd. |
| QIB Shares Offered | 1% |
| NII (HNI) Shares Offered | 29% |
| Retail Shares Offered | 70% |
Alpine Texworld IPO – Date Schedule
| IPO Open Date | 14 July 2026 |
| IPO Close Date | 16 July 2026 |
| Basis of Allotment | 17 July 2026 |
| Initiation of Refund | 20 July 2026 |
| Credit of Shares to Demat Account | 20 July 2026 |
| IPO Listing Date | 21 July 2026 |
| Cut-off time for UPI mandate confirmation | 5 PM on July 16, 2026 |
Alpine Texworld IPO – Lots Size & Price
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 142 | ₹14,910 |
| Retail (Max) | 13 | 1846 | ₹1,93,830 |
| S-HNI (Min) | 14 | 1988 | ₹2,08,740 |
| S-HNI (Max) | 67 | 9514 | ₹9,98,970 |
| B-HNI (Min) | 68 | 9656 | ₹10,13,880 |
Competitive Strength
- Strategic move to reduce yarn sourcing through backward integration in Manufacturing Unit 2.
- Experienced Promoters with execution capabilities.
- Offsetting power use with solar energy.
Company Promoters
- Sumit Champalal Agarwal
- Sandeep Santkumar Agarwal
- Sachinkumar Santkumar Agarwal
Company Financials
| Particulars | Total Revenue | Total Expense | Profit After Tax | Total Borrowing |
|---|---|---|---|---|
| 31 March 2024 (Standalone) | ₹184.44 Cr | ₹177.76 Cr | ₹4.88 Cr | ₹76.47 Cr |
| 31 March 2025 (Consolidated) | ₹237.66 Cr | ₹225.82 Cr | ₹8.63 Cr | ₹166.09 Cr |
| 31 March 2026 (Consolidated) | ₹350.18 Cr | ₹323.28 Cr | ₹21.72 Cr | ₹177.60 Cr |
Key Performance Indicator
| KPI | Values (Mar 31, 2026) |
|---|---|
| ROE | 33.85% |
| ROCE | 17.56% |
| Debt/Equity | 2.35 |
| RoNW | 29.44 |
| PAT Margin | 6.34% |
| EBITDA Margin | 13.84% |
| Pre IPO | Post IPO | |
| EPS (₹) | 3.29 | 2.26 |
| P/E (x) | 31.92 | 46.56 |
Object Of The Issue
| Objects of the Issue | Expected Amount (₹ in crores) |
|---|---|
| Proposing to finance the cost of setting up a new weaving unit at Proposed Manufacturing Unit 3 to expand its production capabilities to produce Grey Fabric at Ahmedabad, Gujarat, India. | ₹30.71 |
| Prepayment or repayment, in part or full of certain outstanding borrowings. | ₹52.20 |
| General Corporate Purpose. |
Alpine Texworld IPO Peer Comparison
| S. No. | Face Value (₹) | Company Name | P/E Ratio |
|---|---|---|---|
| 1 | 1 | United Polyfab Gujarat Limited | 31.60 |
| 2 | 10 | Ken Enterprises Limited | 5.27 |
| 3 | 1 | Pashupati Cotspin Limited | 145.21 |
✅Strengths
- Vertically integrated spinning and weaving operations.
- Backward integration reduces yarn sourcing dependence.
- Strong renewable energy setup with 10.30 MW solar capacity.
- Modern machinery including Toyota and Picanol air-jet looms.
- Experienced promoters with strong execution track record.
- Strategic investment in Alpine Cottweave LLP.
- Consistent growth in revenue and profitability.
⚠️Risks
- Heavy dependence on grey fabric revenue.
- Exposure to cotton and yarn price volatility.
- Highly competitive textile industry.
- Business operations concentrated in Gujarat.
- Capital-intensive business requiring regular investments.
- Demand depends on textile and apparel industry cycles.
Alpine Texworld IPO Promoter Holding
| Pre-Issue Share Holding | 100.00% |
| Post Issue Share Holding | 68.56% |
Alpine Texworld IPO Prospectus
Company Contact Information
| Alpine Texworld Limited Block No 614-1105, Village Paldi, Pirana Miroli Road, Paldi Kankaj, Dascroi, Ahmedabad, Gujarat, 382425 Phone: +91 9725309926 Email: info@aplinetexworld.com Website: https://alpinetexworld.com/ |
Alpine Texworld IPO Registrar
| Kfin Technologies Ltd. Phone: 04067162222, 04079611000 Email: alpine.ipo@kfintech.com Website: https://ipostatus.kfintech.com/ |
Alpine Texworld IPO Lead Manager(s)
| 1. D&A Financial Services Pvt. Ltd. |
Alpine Texworld IPO FAQs
| What is the Alpine Texworld IPO? Alpine Texworld IPO is a main-board IPO. The issue is priced at ₹100 to ₹105 per equity share. The IPO is to be listed on the BSE & NSE. |
| When will the Alpine Texworld IPO open? The IPO is to open on 14 July 2026 for QIB, NII, and Retail Investors. |
| What is Alpine Texworld IPO Investors Portion? The investors’ portion for QIB – 1%, NII – 29%, and Retail – 70%. |
| What is the Alpine Texworld IPO Size? Alpine Texworld IPO size is ₹126.25 Crore. |
| What are the Alpine Texworld IPO Minimum and maximum lot sizes for Retail? The minimum bid is 142 Shares with ₹14,910, while the maximum bid is 1846 Shares with ₹1,93,830. |
| What is the Alpine Texworld IPO Allotment Date? Alpine Texworld IPO allotment date is 17 July 2026. |
| What is the Alpine Texworld IPO Listing Date? Alpine Texworld IPO listing date is 21 July 2026. The IPO is to be listed on the BSE and the NSE. |
